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Kintsugi is interBTC’s canary network, developed by Interlay under the supervision of Kintsugi Labs, a non-profit oriented organization responsible for Kintsugi’s launch and the support of the decentralized network and ecosystem.
Kintsugi’s kBTC brings radically open Bitcoin to Kusama to kickstart liquidity for parachains like Karura, Shiden and Moonriver. kBTC is a 1:1 Bitcoin-backed asset on Kusama, maintained by a decentralized network of collateralized Vaults. Users must only ever trust that Bitcoin and the DeFi platform they use are secure.